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AI Powered Equity ETF (AIEQ)

ETF · Currency in USD · Last updated Dec 10, 2022

AIEQ is an actively managed ETF by ETFMG. AIEQ launched on Oct 17, 2017 and has a 0.80% expense ratio.

ETF Info

ISINUS26924G8134
CUSIP26924G813
IssuerETFMG
Inception DateOct 17, 2017
RegionNorth America (U.S.)
CategoryLarge Cap Growth Equities, Actively Managed
Expense Ratio0.80%
Index TrackedNo Index (Active)
ETF Home Pageetfmg.com
Asset ClassEquity

Asset Class Size

Multi-Cap

Asset Class Style

Growth

Trading Data

Previous Close$29.45
Year Range$28.58 - $42.06
EMA (50)$30.85
EMA (200)$33.45
Average Volume$8.45K

AIEQShare Price Chart


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AIEQPerformance

The chart shows the growth of $10,000 invested in AI Powered Equity ETF in Oct 2017 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,181 for a total return of roughly 31.81%. All prices are adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
-5.17%
4.92%
AIEQ (AI Powered Equity ETF)
Benchmark (^GSPC)

AIEQCompare to other instruments

Search for stocks, ETFs, and funds to compare with AIEQ

AIEQReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-2.26%2.78%
6M-12.85%-2.08%
YTD-29.66%-17.45%
1Y-29.89%-16.31%
5Y5.43%8.22%
10Y5.52%8.71%

AIEQMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-12.11%-0.84%1.08%-7.87%0.97%-11.94%12.70%-1.97%-13.24%9.61%-1.49%-5.82%
20218.71%-0.36%-0.29%1.59%-2.18%8.90%0.08%3.65%-4.19%5.05%-2.98%1.41%
20200.81%-7.85%-14.95%13.91%7.83%2.52%8.03%4.75%-3.51%-3.43%13.98%4.91%
201913.09%4.15%1.06%4.21%-8.19%6.45%0.73%-1.32%0.03%1.53%4.96%2.16%
20185.83%-3.28%-1.57%1.11%4.36%1.98%2.88%3.09%-0.50%-10.13%0.38%-10.61%
2017-1.27%2.57%1.47%

AIEQSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AI Powered Equity ETF Sharpe ratio is -0.92. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.20JulyAugustSeptemberOctoberNovemberDecember
-0.92
-0.65
AIEQ (AI Powered Equity ETF)
Benchmark (^GSPC)

AIEQDividend History

AI Powered Equity ETF granted a 2.43% dividend yield in the last twelve months. The annual payout for that period amounted to $0.72 per share.


PeriodTTM20212020201920182017
Dividend$0.72$0.74$0.14$0.17$1.99$0.04

Dividend yield

2.43%1.76%0.40%0.61%9.39%0.15%

AIEQDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-33.08%
-17.97%
AIEQ (AI Powered Equity ETF)
Benchmark (^GSPC)

AIEQWorst Drawdowns

The table below shows the maximum drawdowns of the AI Powered Equity ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AI Powered Equity ETF is 35.06%, recorded on Sep 26, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-35.06%Nov 17, 2021215Sep 26, 2022
-34.56%Feb 20, 202023Mar 23, 202082Jul 20, 2020105
-25.64%Aug 30, 201880Dec 24, 2018226Nov 15, 2019306
-16.37%Feb 16, 202161May 12, 202172Aug 24, 2021133
-10.11%Sep 3, 20203Sep 8, 202024Oct 12, 202027
-10.07%Oct 14, 202013Oct 30, 202017Nov 24, 202030
-9.75%Jan 29, 20189Feb 8, 201879Jun 4, 201888
-6.47%Sep 7, 202120Oct 4, 202121Nov 2, 202141
-4.37%Oct 23, 201718Nov 15, 20178Nov 28, 201726
-3.71%Aug 5, 20205Aug 11, 20207Aug 20, 202012

AIEQVolatility Chart

Current AI Powered Equity ETF volatility is 25.47%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
25.47%
22.29%
AIEQ (AI Powered Equity ETF)
Benchmark (^GSPC)